Markets.com – Forex Broker Review
Markets.com is an award winning, globally renowned Forex broker. Markets.com is owned by Safecap investment Limited and is based in Cyprus and regulated by CySEC. They are also regulated by the FSB in South Africa.
Since its inception in 2006, Markets.com has quickly captured hundreds of thousands of customers from around the world.
Markets.com accepts clients from all countries except for the United States and Canada.
Markets.com has an exceptionally wide range of tradable assets, which includes: major stocks, indices, currencies, commodities and CFD’s. Even though they carry over 200 assets, their most popular trading instruments are, of course, Forex currency pairs.
Types of Markets.com Accounts
Markets.com offers three different types of accounts, with each one being suited to different types of traders. Spreads start at around 2 pips and the maximum amount of leverage allowed is 200:1. The three accounts are: Classic, Standard and Premium.
Classic – The Classic account requires a minimum deposit amount of just $100. This account has standard features, but it does have its advantages.
Standard – The Standard account requires a $2,500 initial deposit. The perks of using this account include: being assigned a dedicated account manager, free Forex signals and a daily analysis of the markets.
Premium – The Premium account takes it up a notch by requiring a $20,000 initial deposit. This account comes with all of the above features, but traders are given premium customer support access. Not a ton of additional features come with this account, but it’s worth it to traders with large trading funds.
Markets.com makes sure there’s a platform for every trader, no matter their trading style or account size. They offer the traditional Metatrader 4 platform, for both fixed and floating spreads, and also a MultiTerminal MT4 platform designed for traders whose strategies revolve heavily around scalping.
The MT4 platforms can be traded on the web, as a downloaded software, or within the MT4 mobile app. Apart from MT4, Markets.com also offers the Sirix platform, which can be traded on the web or within a mobile app.
Markets.com has years of experience, a courteous customer support team, has plenty of advanced options fore retail traders, and comes as a highly recommended Forex broker for traders of all backgrounds.